One Cent Solution Inc
Nonprofit profile at a glance
- EIN
- 274539298
- IRS 990-EZ coverage
- 2011–2016
- Forms available
- Form 990-EZ 2016, Form 990-N 2016
- Location
- Atlanta, GA, USA
- Phone
- 7708033105
- Rating confidence
- Limited
- Sector
- Public Finance, Taxation, Monetary Policy
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $100
- Liabilities
- $37,035
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Bruce Cook (Chairman & CEO)
People named in this filing
- Pat MacMillian (Director)
- Billy Mitchell (Director)
- Jim Balkcom (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
One Cent Solution, a grassroots campaign to give Congress a mandate to cut one cent out of every dollar of total spending each year for six years to balance the budget by 2019 and reduce federal spending by $7.5 trillion over ten years.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 73
- Sustainability: 0
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 66.7%; rating input score 67; 1st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 370.35; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -71.3% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: -74.3% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -24.8% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2011 to 2016
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.